No wonder retail participation in Bursa is so petty because whatever ways you take you still have it. It does not matter then whether one undertakes research or not before investing. Cos ultimately one will have it. AAX reported losses upon listing. Wsport is trading at PE 20 with little NTA. Astro got listed with with Negative NTA and yet analysts are recommending these stocks.

Even though we have Minority Shareholder watchdog group, all minority shareholders should brace themselves against any oppression, there are venues for complaints to be lodged.

Just cannot comprehend how things are done here. Gopeng sold interests in cement business. Waiver given and existed PN17 as the company was considered cash rich. Gopeng rewarded shareholders with dividends. KSK and ecm did capital repayments. As pointed out by James and Bryan, MAA Takaful is doing well (A check revealed that MAA takaful made net profit of RM12 mil in 2012) and MAA group itself is cash rich with >RM300 cash. Now that MAA Chairman has hinted that Regularisation plan could not be prepared due to absence of cheap financial services company that MAA can afford to acquire. It will be interesting to see how things will develop. What is Bursa PN17 requirements with regards to company that had sold the "so-called" core business? Anyone out there who can enlighten. Is acquisition of new business the only solution for the regularisation plan? To me, the financial performance (recent years) of MAA takaful itself is sufficient to meet Bursa listing requirements. There are so many listed companies that have been making losses and yet still maintaining their listing status. We now have a cash rich coompany with potentially good businesses facing the risk of delisting. Talking about suspension or delisting, the trick to do is just not submitting qtrly report or audited account and u will have companies that risks suspension of delisting.

Agreed with you Navin,the only way to do it is for all the minority shareholders to come together to force a change in management. Minority will get more value if maa is broken up.